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16.5¢ galan lithium limited

Ageee Paul.I think this fast to market product plan needs to be...

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AyDee

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20/03/22

10:24

Post #: 60299693
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Originally posted by paulgf: ↑

And a final thought , that’s probably maybe why our price is lagging others like lake because the market is struggling to put a value on us with this proposed proffered chloride route to market .

Getting this out there may really drive the price up if people can see it’s still got likely a high profit margin but with a much lower risk to market . The market then can also start making informed guesses on how much profit and capex this project can save in the early years and hence self fund the battery chemical process down the track through early year profits . Maybe possible to get to a fully operational battery grade plant by say 2028 -2030 but have bugger all dilution in getting there if we can play this strategy right . But right now trying to value that in the share price is impossible .

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Ageee Paul.
I think this fast to market product plan needs to be made clear sooner than later.

In saying that, I think they're working on exactly this atm.

I'm personally anticipating solid news soon.

GLN Price at posting: $1.50 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 16.5¢		Change -0.005(2.94%)		Mkt cap ! $78.20M

Open	High	Low	Value	Volume
17.0¢	17.0¢	16.0¢	$426.5K	2.577M

Buyers (Bids)

No.	Vol.	Price($)
14	425203	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	83886	4

View Market Depth

No.	Vol.	Price($)
14	425203	0.160
8	1058630	0.155
15	1609366	0.150
2	70000	0.145
6	158600	0.140

Price($)	Vol.	No.
0.165	83886	4
0.170	318701	10
0.175	106400	4
0.180	239433	7
0.185	201471	5

Last trade - 16.10pm 24/06/2024 (20 minute delay)

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